City Report · WA

Anacortes

Pop. 17,966·20th most expensive in Washington·One of the pricier rental markets in the US
Median rent (all units)
$2,550/mo
Year-over-Year
+1.6%
Month-over-Month
-1.2%
vs US Median
+$618
Reported rents
Falling (Monthly)
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Most AffordableMost Expensive
Anacortes · $2,550
More expensive than 81% of US cities · National median $1,932/mo
Rent Reality Score
56/100
Fairly priced
OverheatedFairGreat value

Rents are 3% below what Anacortes's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$2,550/mo
Expected by trend
$2,628/mo
The Rent Reality Score compares today's median rent to where Anacortes's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,230
1 BR
$1,370
2 BR
$1,790
3 BR
$2,500
4 BR+
$2,720
Fair Market Rent (HUD)
$1,790/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,550 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in Anacortes is 1.9% below its high of $2,599 in February 2026, at $2,550 as of September 2026.

Past year vs. the rest of Washington

Rent in Anacortes changed +1.6% over the year to September 2026. Across the 97 Washington cities Zillow tracks, the typical change was +2.6%.

Recent direction

Rent has fallen 3 months in a row, and rose in 7 of the last 12 months.

What a typical income covers

30% of the median household income ($91,951) is $2,299 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,790); a 3-bedroom is $2,500.

Cheaper nearby

Oak Harbor, 13 miles away, rents for 23% less ($1,967/mo), about $7,000 a year in savings.

From Zillow's monthly rent index (ZORI) for Anacortes. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$30,600/yr
At $2,550/mo median
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+1.6% YoY, -1.2% MoM), not inventory.
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Demographics

Who lives here

Anacortes, WA is majority owner-occupied, has a large retiree population, has a median income above the national average, 47.2% of residents hold a bachelor's degree or higher.

Population
17,966
Median income
$91,951
Median age
50.5
Renters
30.1%
Age distribution
17.3%
14.4%
23.1%
13.2%
32%
Under 1817.3%
18–3414.4%
35–5423.1%
55–6413.2%
65+32%
Gender
49.4%
50.6%
Male49.4%
Female50.6%
Race & ethnicity
86.6%
White86.6%
Black0.6%
Hispanic5.9%
Asian1.6%
Other5.4%
Education (25+)
17.6%
32%
47.2%
No HS diploma3.2%
HS diploma17.6%
Some college32%
Bachelor's+47.2%
Housing tenure
69.9%
30.1%
Owner69.9%
Renter30.1%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2023 vs 2026

How Anacortes, WA has changed in 5 years

Rent
$2,218 → $2,550
up 15.0%
Income
$80,043 → $91,951
up 14.9%
Population
17,437 → 17,966
up 3.0%
Renter share
32.9% → 30.1%
-2.8 pts
Bachelor's+
44.5% → 47.2%
+2.7 pts
Median age
48.6 → 50.5
+1.9 yrs

Since 2023, the typical rent in Anacortes, WA has increased from $2,218 to $2,550, a 15.0% change over five years. Household income in the area moved from $80,043 to $91,951 across the same window, up 14.9% versus 2021. The population has grown by 3.0% since 2021, moving from about 17,437 residents to roughly 17,966. Renters now make up 30.1% of households, compared with 32.9% five years ago. College-educated residents now make up 47.2% of adults here, versus 44.5% in 2021. Reading these numbers side by side helps frame whether current listings in Anacortes, WA look reasonable against where the market sat half a decade ago.

Community

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View Anacortes rent history (2015–2026) →
Salary vs rent

Can you afford rent in Anacortes on your salary?

At $2,550/mo, how Anacortes rent compares to typical pay (30% rule).

By apartment size

Anacortes rent by bedroom count

Median rent for each apartment size in Anacortes. Click any size for full breakdown.

Local insights

Tips for renters in Anacortes

About renting in Anacortes, WA

Last updated: October 17, 2026

The median rent in Anacortes is $2,550/mo as of October 2026. A studio apartment averages $1,230/mo while a 2-bedroom runs $1,790/mo. One-bedroom apartments average $1,370/mo and 3-bedroom units go for $2,500/mo.

At 33% of local median household income ($91,951/yr), Anacortes ranks as moderate compared to the national benchmark of 30%. Rents have increased 1.6% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in Anacortes?

To keep rent at or below 30% of gross income, you would need to earn at least $102,000/year (about $49/hour full-time) to afford the median rent of $2,550/mo in Anacortes. The local median household income is $91,951/yr, so the typical household falls short of that bar.

Is rent going up or down in Anacortes?

Rent in Anacortes has risen 1.6% over the past year as of September 2026. It sits 1.9% below its high of $2,599 in February 2026.

How does Anacortes rent compare to other cities in Washington?

Anacortes is one of the pricier among Washington cities for rent, ranking #20 of 109 tracked cities at $2,550/mo. Over the year to September 2026, rent in Anacortes changed +1.6%, against a typical +2.6% across the 97 Washington cities Zillow tracks.

Which nearby cities are cheaper to rent in than Anacortes?

Nearby cities with lower median rent than Anacortes ($2,550/mo) include Bellingham ($1,908/mo), Oak Harbor ($1,967/mo), and Burlington ($2,059/mo).
Income Affordability
33%
MODERATE

At $2,550/mo, rent takes ~33% of Anacortes's median household income ($91,951/yr). The standard benchmark is 30%.

Anacortes 33%Benchmark 30%
State income taxNone
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Anacortes, WA

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